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Aminim Group Uses $53M Loan on Six Industrial Properties in Baltimore, DC
Aminim Group has acquired a 500,000-square-foot portfolio of six industrial properties in the Baltimore, MD and Washington, DC area with $53 million in financing.
CIT, a division of First Citizens Bank, served as the financing’s lead arranger.
“Demand is strong for logistical facilities in the Mid-Atlantic region and this new portfolio of properties is well positioned to support that market demand,” said Nir Kriel, CEO of Aminim Group and the Apexus Logistics discretionary fund.
Houston, TX-based Aminim Group has purchased over three million square feet of logistics, industrial and other commercial space in the US over the past two years and has purchased over 10,000 multifamily apartment units since it was established in 1996.
- ◦Sale/Acquisition
